ransaction On March 1, fixtures and equipment were purchased for $5,000 with a downpayment of $1,000 and a 4,000 note, payable in one year. Interest of 5% per year was due when the note was repaid. The estimated life of the fixtures and equipment is 12 years with no expected salvage value. [Note: Record the complete entry for the March 1 equipment purchase first, the March 31 depreciation adjusting entry second, and the March 31 interest adjusting entry third. Also, round all answers to the nearest cent.] Account: Dollar amount: Account: Dollar amount: Cash Accountccounts Receivable Account: Fxtres and Equipment Account: Interest Payable Account: Notes Payable Account:Retained Earnings Account: Dollar amount: Inventory Prepaid Rent Accounts Payable Wages Payable Paid-in Capital Dollar amount: Dollar amount: Dollar amount: Dollar amount: Leave Blank Dollar amount: Submit Answer Tries o/8